Reliance Industries, Kotak Mahindra Bank, Bajaj Auto likely to be focus today
Nifty could make one more attempt to reach or cross 10985 over the next few days and later start a bigger correction
Bull market or bear market?
We expect a bull market.
Stocks likely to be in limelight today?
Reliance Industries, Kotak Mahindra Bank, Bajaj Auto
Sectors likely to impact market today?
Oil & Gas, Bank on the upside while Healthcare and Infra on the downside.
Your mid-term view?
Nifty could make one more attempt to reach or cross 10985 over the next few days and later start a bigger correction.
What drove markets on Monday?
Nervousness about companies with poor management credibility and/or questionable practices was one of the key issues. Also, monthly auto sales numbers and move towards defensives impacted the market.
Deepak Jasani, head retail research, HDFC Securities